Wednesday, May 23, 2012

Best Singapore Banks And Their Services.

Singapore is the best commerical hub and a placed to offer private banking to those of high personal wealth.As one of the world's largest foreign exchange centers, Singapore offers a natural home to Bank.In every Singapore bank displays all the characteristics which contribute to its continued economic success.

Banks provide numerous financial and personal services.All the retail banking services are available such as credit and debit facilities, mortgages and loans. Beside this they also provide services on estate planning, whereby the value of an individual's estate can be maximized. Income tax advice and other personal tax matters are a part of the financial service provision and securities and assets investments will be a significant factor too. Other services include trustee services, credit and trade finance letters, foreign exchange, fund management, electronic and wire funds transfer, and corporate administration.

OCBC bank SingaporeOCBC bank in Singapore was formed in the year 1932. Three banks merged to form OCBC bank-the Chinese Commercial Bank Limited, the Ho Hong Bank Limited and the Oversea-Chinese Bank Limited.Today they has an asset of 0 billion and operations are conducted in fourteen different countries and territories. OCBC is one of the leading financial services groups in Singapore.

ABN AMRO Singapore ABN AMRO opened its first Asian office in Jakarta in 1826 to finance business ventures in the Dutch East Indies.They have a clear focus on consumer and commercial clients in local markets and focus globally on financial institutions.

Association of Banks in Singapore (ABS)

It is a non-profit industry body which promotes and represents the interests of the banking community in Singapore. They works closely with the Monetary Authority of Singapore and other government and non-government agencies to support their respective roles in developing and upholding a sound financial system in Singapore.